The Bottom: Are We There Yet? May 16, 2022 Weekly Update 401(k), bitcoin, market bottom, Selloff, stocks, Weekly Update Please note: This update was prepared on Friday, May 13, 2022, prior to the market’s close. It’s looking like this Friday the 13th will be a lucky one for the stock market—a seemingly rare day of gains after a tough slide downhill. But even counting today’s rally, the S&P 500 is set … Read Morekeyboard_arrow_right
Crypto: Making a Play for Your 401(k) May 15, 2022 401(k) 401(k), bitcoin, Jeff DeMaso, Weekly Question This week’s reader question: Does bitcoin belong in my 401(k) portfolio? This has been a hot topic since Fidelity announced it was queuing up to allow companies to include bitcoin in their 401(k) plans. The Department of Labor—which regulates 401(k) plans—has cast shade on the idea. Nonetheless, company boards are weighing … Read Morekeyboard_arrow_right
The Bottom: Are We There Yet? May 13, 2022 Weekly Update 401(k), bitcoin, market bottom, Selloff, stocks, Weekly Update It’s looking like this Friday the 13th will be a lucky one for the stock market—a seemingly rare day of gains after a tough slide downhill. But even counting today’s rally, the S&P 500 is set to mark its sixth consecutive weekly decline and the Dow Jones Industrial Average is heading for … Read Morekeyboard_arrow_right
Strong Jobs Can’t Revive Market’s Swoon May 9, 2022 Weekly Update 401(k), bonds, i bonds, Selloff, stocks, Weekly Update This week has been hard on investors, with Thursday’s 1,000-point plunge in the Dow Jones Industrial Average making for especially grim headlines. Even short-sellers, who bet on falling prices rather than rising ones, had reason to reach for an antacid, with Wednesday’s nearly 1,000-point rally unraveling some bearish bets just before their … Read Morekeyboard_arrow_right
Strong Jobs Can’t Revive Market’s Swoon May 6, 2022 Weekly Update 401(k), bonds, i bonds, Selloff, stocks, Weekly Update This week has been hard on investors, with Thursday’s 1,000-point plunge in the Dow Jones Industrial Average making for especially grim headlines. Even short-sellers, who bet on falling prices rather than rising ones, had reason to reach for an antacid, with Wednesday’s nearly 1,000-point rally unraveling some bearish bets just before their … Read Morekeyboard_arrow_right
Secure Act 2.0: What You Need to Know April 18, 2022 401(k) 401(k), Kari Wolfson, Retirement Savings, roth ira, SECURE act, Secure Act 2.0 The House passed their draft of “Securing a Strong Retirement Act,” AKA the Secure Act 2.0, in late March. Now the Senate side is polishing their own version of the bill, and all indications point to it ultimately being signed into law. The exact provisions are a little less certain at this … Read Morekeyboard_arrow_right
4 Ways to Maximize Your 401(k) January 24, 2022 Financial Planning 401(k), financial planning, retirement accounts 401(k) plans are common these days—and if you’re contributing 10% to 20% of your paycheck, you’re ahead of the pack. But while you may already have the basics down pat, taking a deep dive into the mechanics of 401(k)s can unlock one of the most powerful financial planning tools at your disposal. … Read Morekeyboard_arrow_right
Chart of the Week: 401(k) and Gifting Limits Raised for 2022 November 15, 2021 Financial Planning 401(k), Chart of the Week, Jeff DeMaso, taxes One upside to rising prices is that they’ve prodded the Internal Revenue Service (IRS) to boost a few cost-of-living adjustments for tax year 2022. This means workers can save up to $20,500 in their company-sponsored 401(k) plans next year (a boost of $1,000 over 2021), as you can see in the chart … Read Morekeyboard_arrow_right
Roth 401(k) vs. Traditional 401(k) Contributions April 8, 2021 401(k) 401(k), legacy planning Everybody knows that you should save for retirement—how you should save is where it gets confusing. We can clear up one common puzzler right now: The difference between a Roth 401(k) and a traditional 401(k). Both are designed to help you save for your retirement. What distinguishes them is how they're … Read Morekeyboard_arrow_right
Roth IRAs: When to Convert From a Traditional IRA August 28, 2020 IRAs 401(k) Roth IRAs are a powerful retirement-savings vehicle, but should you trade in your traditional IRA for one? The answer comes down to taxes. Roth IRAs are popular because your money not only grows tax-free but can also be withdrawn during retirement without paying taxes—whereas money in a traditional IRA grows tax-free but … Read Morekeyboard_arrow_right
5 Key Roth Conversion Considerations July 16, 2019 IRAs 401(k), IRAs, legacy planning Roth IRAs are a powerful retirement savings vehicle—but should you trade in your traditional IRA for one? The answer comes down to taxes. What makes them so popular is that money placed in a Roth IRA can grow tax-free and then be withdrawn tax-free in retirement. Money you contribute to a … Read Morekeyboard_arrow_right
Is ‘Guaranteed Lifetime Income’ Good for Investors? June 13, 2019 Adviser Fund Update 401(k), annuities, insurance, IRAs, RMDs, SECURE act House Bill’s ‘Guaranteed Lifetime Income’ Good for Investors or Just Good Politics? For all the talk of political gridlock in the nation’s capital, the House of Representatives has passed a bill meant to benefit investors. Could it make things better for savers like you? Let’s take a look. On May 23, the … Read Morekeyboard_arrow_right